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Barclays/Woolich Mortgage
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Wantahouse_2
Posts: 76 Forumite
Hi
We applied for a Mortgage with Barclays on Wednesday. We have a 20% deposit and the rate of the product the broker suggested is quite competitive.
Just checked both our credit reports and Barclays did a search yesterday. I'm just getting nervous now. My OH has a missed payment from back in 2007 for his mobile phone bill - it was paid off straight away (its an orange 1 on his credit report). He now earns 60k+ a year, and hasn't missed anything since or even before then. Do you think Barclays will use this to turn us down? We have a combined income of 80k, no outstanding debts/credit, and my credit history is completely clean - we are hoping to borrow £264k (our broker is happy this is affordable).
Also, how soon will we know if we've passed the credit check - does anyone have any recent experience of applying with Barclays? I'm just getting nervous now, and can't help myself but worry! I keep checking my bank account to see if they've taken the Valuation money out yet!
Thanks to anyone who takes the time to reply to my nervous ramblings!
We applied for a Mortgage with Barclays on Wednesday. We have a 20% deposit and the rate of the product the broker suggested is quite competitive.
Just checked both our credit reports and Barclays did a search yesterday. I'm just getting nervous now. My OH has a missed payment from back in 2007 for his mobile phone bill - it was paid off straight away (its an orange 1 on his credit report). He now earns 60k+ a year, and hasn't missed anything since or even before then. Do you think Barclays will use this to turn us down? We have a combined income of 80k, no outstanding debts/credit, and my credit history is completely clean - we are hoping to borrow £264k (our broker is happy this is affordable).
Also, how soon will we know if we've passed the credit check - does anyone have any recent experience of applying with Barclays? I'm just getting nervous now, and can't help myself but worry! I keep checking my bank account to see if they've taken the Valuation money out yet!
Thanks to anyone who takes the time to reply to my nervous ramblings!
Saving for House Deposit - Done - Completed 14/11/2012
Weight - [STRIKE]11st 3lbs[/STRIKE] [STRIKE]10st 13lbs[/STRIKE] [STRIKE]10st 7lbs[/STRIKE] [STRIKE]10st 5lbs[/STRIKE] [STRIKE]10st 3lbs[/STRIKE] 10st 1lb
Weight - [STRIKE]11st 3lbs[/STRIKE] [STRIKE]10st 13lbs[/STRIKE] [STRIKE]10st 7lbs[/STRIKE] [STRIKE]10st 5lbs[/STRIKE] [STRIKE]10st 3lbs[/STRIKE] 10st 1lb
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Comments
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You're worrying too much, provided you gave correct addresses etc, then Barclays would have done a check on application, so you should be fine.I am a mortgage adviser.You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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